Stock Technical indicators to notice in Trimedyne (TMED.OB)
1- Last bearish trend was from 0.10 $ (4/19/2012) to 0.09 $ (5/3/2012) a 0.01 $ move 2- The current bullish trend started from 0.09 $ at 5/3/2012 and is currently trading at 0.11 $.
Trimedyne (TMED.OB) Short term stock chart patterns for internet stock trading :
4- The Stock formed a 0.040 $ height triangle which was broken up at 0.090, target of the pattern is 0.130.
Trimedyne (TMED.OB) Mid term stock chart patterns for internet stock trading :
5- The Stock formed a 0.040 $ height triangle which was broken up at 0.090, target of the pattern is 0.130.
Trimedyne (TMED.OB) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 0.040 $ height triangle which was broken up at 0.090, target of the pattern is 0.130.
Stock Trading Conclusion:
Trimedyne (TMED.OB) was trading in a bullish wave, which is becoming stronger .
Technical indicators and stock chart patterns show bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy in online trading .
Stock Resistance Levels : 0.130,.
Stock Support levels : 0.105, 0.102, 0.100, 0.098, 0.090, 0.075,.
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